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Strategies & Market Trends : Natural Resource Stocks

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To: Sun Tzu who wrote (106779)9/18/2024 10:37:03 PM
From: isopatch6 Recommendations  Read Replies (1) of 108510
 
Au Conraire. His arguments make a lot of sense. The strain on the electrical grid isn't because of LNG or NG exports. It's due to:

1. Over reliance on intermittent & unreliable Wind & Solar installations built in recent decades. These projects are more expensive than so called fossil fuels over their full life cycle. A life cycle proving shorter than initial grandiose sales pitches. The projects are also more environmentally destructive than NG infrastructure.

2. Anti-oil, gas & pipeline political zealots have a long record of blocking NG development via lawfare. And when that doesn't work, resorting to physical sabotage. This prevents our industry from supplying the power for the lion share of the electric grid base load AWA when the wind doesn't blow, the blades freeze in winter & the sun doesn't shine.

Iso
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